SDL 0.00% 0.6¢ sundance resources limited

China’s long march into the Australian outback, page-2

  1. 3,910 Posts.
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    Hi pikapika,

    IMO another article that re-enforces SDL's predicament.

    It focuses on Australian miners, but the underlying point is very much the same. Mining companies have seen their values smashed, and are now ripe for the picking.

    I'd argue that SDL is in an even more precarious position as it has no cash flows to sustain operations and ride out the bottom of the commodity cycle.

    Good luck!
 
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